For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Development Bank Of Singapore for its Ghaziabad branch in Ghaziabad, Ghaziabad, Uttar Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Development Bank Of Singapore located in Ghaziabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code DBSS0IN0283. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Development Bank Of Singapore, Ghaziabad, Ghaziabad

Below in the table are the key details related to IFSC Code DBSS0IN0283 of Development Bank Of Singapore for its branch located in Ghaziabad, within the district of Ghaziabad in the state of Uttar Pradesh.

Particulars Details
Bank Development Bank Of Singapore
IFSC Code DBSS0IN0283
Branch Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Address Ambedkar Road Good Luck House,11F-166-167 Ghaziabadghaziabad201001Up

These details are important not only for users using online banking but also for businesses and individuals who use Development Bank Of Singapore in Ghaziabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DBSS0IN0283 for the Ghaziabad branch of Development Bank Of Singapore is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Development Bank Of Singapore located in Ghaziabad, Ghaziabad, Uttar Pradesh, is provided a unique IFSC like DBSS0IN0283 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Development Bank Of Singapore branch in Ghaziabad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ghaziabad and Ghaziabad.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Development Bank Of Singapore in Ghaziabad do not get misguided to another person.

Format of the IFSC Code DBSS0IN0283

The format of the IFSC Code for banks, including Development Bank Of Singapore, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Development Bank Of Singapore, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ghaziabad in Ghaziabad.

For example, the IFSC Code DBSS0IN0283 of Development Bank Of Singapore for the Ghaziabad branch includes these elements, identifying the bank and the branch location in Ghaziabad and Uttar Pradesh correctly.

How to Find IFSC Code for Development Bank Of Singapore?

To find the IFSC Code DBSS0IN0283 of Development Bank Of Singapore for its Ghaziabad branch located in Ghaziabad, the following methods can help you out:

Cheque Book

The cheque book issued by Development Bank Of Singapore includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Development Bank Of Singapore branches in Ghaziabad and Ghaziabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Development Bank Of Singapore and go to the branch locator section. Then search for Ghaziabad or Ghaziabad to find the exact IFSC Code DBSS0IN0283.

Mobile Banking App

If you use Development Bank Of Singapore's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Development Bank Of Singapore and Ghaziabad will provide accurate information.

How to Use IFSC Code DBSS0IN0283 for Online Transfers?

Once you have the IFSC Code DBSS0IN0283 for the Ghaziabad branch of Development Bank Of Singapore in Ghaziabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code DBSS0IN0283. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Development Bank Of Singapore IFSC Code DBSS0IN0283.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Development Bank Of Singapore Ghaziabad in Ghaziabad, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Development Bank Of Singapore in Ghaziabad, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Development Bank Of Singapore website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Ghaziabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Development Bank Of Singapore in Ghaziabad, Ghaziabad?

The IFSC Code is DBSS0IN0283.

Is the IFSC Code DBSS0IN0283 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Development Bank Of Singapore Ghaziabad?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ghaziabad branch?

The address of the branch is Ambedkar Road Good Luck House,11F-166-167 Ghaziabadghaziabad201001Up located in Ghaziabad, Ghaziabad, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.